IMF approves funds to aid in storm recovery

IMF Deputy Managing Director MITSUHIRO FURUSAWA
By Admin 04.11.2015

ROSEAU: The International Monetary Fund (IMF) has approved the disbursement for US$8.7 million in immediate financial assistance to aid Dominica’s post-Tropical Storm Erika’s recovery efforts. The funds, to be drawn from the Rapid Credit Facility (RCF), are expected to address …

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Jamaican business leaders discuss nation’s economic state

Glen Christian
By Admin 14.10.2015

Nearly three years ago, Jamaica was on the verge of defaulting on its sovereign debt obligations. Since reaching an agreement in 2013 with the International Monetary Fund (IMF) for a four-year loan that provides the Caribbean country with access to …

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IMF Deputy Managing Director MIN ZHU

By Admin 30.09.2015

KINGSTON: Jamaica’s economic performance has been lauded by the International Monetary Fund (IMF), which has agreed to disburse US$39.7 million to the Caribbean nation.

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Jamaica on course for IMF drawdown of funds

Dr. PETER PHILLIPS
By Admin 26.08.2015

KINGSTON: The International Monetary Fund (IMF) has announced that Jamaica is on course for a ninth drawdown of funds, based on the country’s positive performance for the first quarter of the fiscal year under the Extended Fund Facility (EFF).

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Patience urged as economic reform program implemented

Page 8A-Minister DERRICK KELLIER
By Admin 28.05.2015

MONTEGO BAY: Jamaica’s Minister of Agriculture, Labour and Social Security, Derrick Kellier, is urging Jamaicans to be patient as government executes a reform program under an International Monetary Fund (IMF) agreement to spur economic growth.

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Jamaica to receive US$39 million from IMF

By Admin 08.04.2015

KINGSTON: Following the International Monetary Fund’s seventh review of Jamaica’s economic performance under a four-year Extended Fund Facility, the U.S. based financial institution has awarded the Caribbean nation US$39 million.

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Implementation of economic program lauded by IMF

By Admin 04.03.2015

KINGSTON: The International Monetary Fund (IMF) has lauded the Government of Jamaica for its “resolute implementation” of its economic program, designed to strengthen the foundation for growth and employment in the country.

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T & T continues to suffer foreign exchange woes

By Admin 04.02.2015

PORT-OF-SPAIN: The Central Bank of Trinidad & Tobago says it has injected US$400 million into the banking system in January, the largest foreign exchange intervention it has made since selling US$315 million in November 2010.

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Caribbean’s share of global tourism market declining-IMF

By Admin 30.12.2014

 An International Monetary Fund (IMF) study examining what is driving the tourism flow in the Caribbean has found that the region’s share of the global tourism market is declining. The study, titled, Revisiting Tourism Flows to the Caribbean: What is …

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